Jobless claims fall to nearly 5-month low of 204,000 around Labor Day holiday

The numbers: The number of people who applied for unemployment benefits around Labor Day fell sharply to a nearly five-month low of 204,000, an extremely low reading that was likely exaggerated by the holiday and possibly Hurricane Dorian. Initial jobless claims, a rough way to measure layoffs, dropped 15,000 to 204,000 in the seven days ended Sept. 7, the government […]

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Jobless claims edge up to 5-week high of 222,000, but labor market still rock solid

The number of people who applied for jobless benefits in early June edged up to a five-week high, but not enough to signal any deterioration in the strongest U.S. labor market in decades. Initial jobless claimed rose by 3,000 to 222,000, the government said Thursday in the seven days ended June 8. Economists polled by MarketWatch estimated new claims would […]

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Jobless claims jump 37,000 to 230,000 in late April to hit 2 1/2-month high

The numbers: The number of people who applied for unemployment benefits in late April surged to a two-and-a-half month high of 230,000, but the spike was likely exaggerated by spring break and the Easter holiday. New claims are still near historic lows. Jobless claims rose by 37,000 from a revised 193,000 in the prior week, which marked the lowest level […]

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Initial jobless claims fall 19,000 to 234,000, return near postrecession lows

The numbers: The number of people who applied for jobless benefits in early February fell back toward recent postrecession lows after a holiday-related spike pushed them to a 16-month high at the end of last month. Initial jobless claims, a rough way to measure layoffs, declined by 19,000 to a seasonally adjusted 234,000 in the seven days ended Feb. 2, […]

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U.S. gains 304,000 jobs at start of 2019 as firms continue to hire at blistering pace

The numbers: The U.S. gained 304,000 new jobs in January, another show of strength for an economy that’s still growing soundly even in the face of more headwinds. Economists polled by MarketWatch had expected a gain of 172,000 nonfarm jobs, but mainly because hiring in December had seemed so strong. Instead the government slashed its original estimate of new jobs […]

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Lululemon Gains After Boosting Quarterly Sales, Profit Forecast

Investors are happy about at least one retailer’s holiday season: Shares of Lululemon Athletica Inc. jumped on Monday after the yogawear company increased its fourth-quarter guidance for sales and profit. Lululemon said comparable-store sales, a key gauge of retail success, increased in the high-single to low-double digits for the current quarter, which ends Feb. 3. The company also sees total […]

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US hiring slowed to 155K jobs, jobless rate stayed 3.7%

Interested in Jobs Report? U.S. employers added just 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-decade low, for the third straight month. Average hourly pay […]

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